Astral Poly Technik is currently trading at Rs. 430.00, up by 1.85 points or 0.43% from its previous closing of Rs. 428.15 on the BSE.
The scrip opened at Rs. 431.60 and has touched a high and low of Rs. 432.70 and Rs. 425.50 respectively. So far 7646 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 534.05 on 13-Apr-2015 and a 52 week low of Rs. 311.00 on 03-Jul-2015.
Last one week high and low of the scrip stood at Rs. 438.75 and Rs. 423.25 respectively. The current market cap of the company is Rs. 5054.19 crore.
The promoters holding in the company stood at 60.04% while Institutions and Non-Institutions held 19.29% and 20.67% respectively.
Astral Poly Technik has received an approval for acquisition of balance 24% of equity share capital of Resinova Chemie (a subsidiary of the company) at a value of Rs 73 crore from Vijay Parikh. Post-acquisition, Resinova Chemie shall become a wholly owned subsidiary of the company.
Astral Poly Technik manufactures plumbing systems for residential and industrial applications. Astral is equipped with state of art production facilities at Ahmadabad and Himachal Pradesh to manufacture plumbing systems from 1/2” to 6” with all kinds of necessary fittings.
